Float

Business / Taxes / Float: In investment terms, a float is the number of outstanding shares a corporation has available for trading. If there is a small float, stock prices tend to be volatile, since one large trade could significantly affect the availability and therefore the price of these stocks. If there is a large float, stock prices tend to be more stable. In banking, the float refers to the time lag between your depositing a check in the bank and the day the funds become available for use. For example, if you deposit a check on Monday, and you can withdraw the cash on Friday, the float is four days and works to the bank's advantage. Float is also the period that elapses from the time you write a check until it clears your account, which can work to your advantage. However, as checks are increasingly cleared electronically at the point of deposit, this float is disappearing. In a credit account, float is the amount of time between the date you charge a purchase and the date the payment is due. If you have paid your previous bill in full and on time, you don't owe a finance charge on the amount of the purchase during the float.

Other Words for Float

Float Noun Synonyms: (parade) exhibit or display
Float Adjective Synonyms: hover, poise, bob, waft, be suspended, hang, sail, drift, glide, swim
Float Verb Synonyms: launch, establish, set up, organize, found, initiate, get going or moving
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Net Float

Business / Finance / Net Float: Sum of disbursement float and collection float. MORE

Float Week

Life Style / Time Shares / Float Week: A floating week may be used any time during the calendar year based on a resort's availability. Typically, resorts will accept requests for specific weeks by the interval owner as soon as the annual m MORE

Managed Float

Business / Finance / Managed Float: Also known as 'dirty' float, this is a system of floating exchange rates with central bank intervention to reduce currency fluctuations. MORE

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